• FCX
• HG

Freeport-McMoRan's profit beats estimates due to rising copper prices

Freeport-McMoRan exceeded profit expectations despite lower production. Increased copper prices and budget adjustments surprised investors, though quarterly revenue fell short of estimates.

• FCX
• HG
• SCCO
• TECK

Copper giant Peru foresees another production plateau in 2025

Peruvian copper production will remain flat in 2025 due to declining ore grades and lack of new projects, challenging miners amid increasing global demand.

• 0QY4
• ALB
• BABA
• BEKE
• BIDU
• EL
• FCX
• JD
• KWEB
• MLCO
• NTES
• PDD
• TCOM
• TECK
• YUMC

China policy shift boosts stocks with exposure to the country

US stocks tied to China surged following announcements of accommodating monetary policies, with major internet companies and consumer brands gaining significantly amid positive market reactions.

• FCX
• HG

Chile aims to invest $83 billion in mining through 2033, newspaper says

Chile aims to invest approximately $83.18 billion from 2023 to 2033, focusing on key mining projects, including significant expansions and developments in copper and lithium production.

• FCX

Delay in Chile mining permits a serious problem, says local head of Freeport

Freeport-McMoRan highlights delays in Chile's mining permit reforms as a significant issue, affecting project development in the top copper-producing nation amid ongoing regulatory hurdles.

• FCX

Earnings call: Freeport-McMoRan reports strong Q3 results, exceeds sales guidance

• FCX

Freeport-McMoran beats Q3 estimates, revenue up 17% YoY

Freeport-McMoran's Q3 earnings exceeded expectations, with $0.38 EPS and $6.79 billion revenue, reflecting strong operational performance and increased copper demand.

• FCX
• HG

Freeport-McMoRan sees data centers boosting copper demand, beats Q3 results estimates

Freeport-McMoRan expects increased copper demand from data centers, reporting better quarterly profits despite production drops, while addressing production issues from a smelter fire.

• FCX

Freeport cranks up copper output as rivals scour for deals to grow

Freeport-McMoRan aims to ramp up copper production without acquisitions, positioning itself to meet rising demand amid a cleaner energy transition, while facing challenges in mining development.

• BHP
• FCX
• GLNCY
• HG
• IVPAF
• RIO
• TECK

Analysis-Mining industry struggles with valuation gap amid shift to copper

Leading miners face challenges balancing investor returns with high premiums for copper firms, as valuations soar amid growing demand and falling share prices for diversified companies.